Scappoose hotel project updates

Scappoose Hospitality Group maintains a disciplined, milestone-driven approach to development. Below is a summary of key progress achieved to date on our flagship Home2 Suites by Hilton project in Scappoose, Oregon.

• Site identified and secured under purchase agreement.
• Preliminary feasibility and underwriting completed.
• Initial market and demand analysis finalized.

• Conditional Use Permit (CUP) and Property Line Adjustment applications submitted.
• Traffic Impact Analysis completed.
• Civil engineering and landscape plans prepared and submitted.

• Home2 Suites by Hilton brand approval secured.
• Prototype design standards review and integrated.
• Architectural coordination underway

• Boundary and topographic survey completed.
• Geotechnical investigation completed
• Utility and infrastructure coordination initiated.

• Final entitlement approvals
• Construction documentation
• Contractor mobilization
• Groundbreaking

• Equity capital raise underway
• Senior debt and C-PACE financing coordination in progress
• Construction cost validation and GMP development underway.